Standard Motor Products (SMP) Gross Margin (2010 - 2026)
Standard Motor Products (SMP) posted Gross Margin of 30.85% for Q1 2026, down 2.63% quarter-over-quarter from 31.68% in Q4 2025, and up 68.0% year-on-year from 18.36% in Q1 2025.
Standard Motor Products (SMP) Gross Margin (2010 - 2026) Analysis & Trends
Standard Motor Products (SMP) has reported Gross Margin for 17 consecutive years, with 30.85% the latest figure, recorded in Q1 2026.
- Gross Margin for Q1 2026 came in at 30.85%, up 68.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 31.38% (up 171.0% YoY), and the FY2025 annual result was 31.23%, up 231.0% from the prior year.
- Gross Margin was 30.85% for Q1 2026 at Standard Motor Products, down from 31.68% in the prior quarter.
- Over five years, Gross Margin peaked at 32.43% in Q3 2025 and troughed at 26.81% in Q2 2022.
- Average Gross Margin over 5 years is 29.24%, with a median of 29.06% recorded in 2022.
- Year-over-year, Gross Margin plunged 247 bps in 2022 and soared 316 bps in 2025.
- Over 5 years, Gross Margin stood at 29.06% in 2022, then dropped by 4 bps to 28.04% in 2023, then advanced by 5 bps to 29.41% in 2024, then gained by 8 bps to 31.68% in 2025, then fell by 3 bps to 30.85% in 2026.
- Per Business Quant data, the three most recent Gross Margin figures were 30.85% in Q1 2026, 31.68% in Q4 2025, and 32.43% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Advance Auto Parts | 65.13 Bn | 62.01 Bn | 869.00 Mn | 44.04% |
| 2 | Autozone | 53.07 Bn | 52.82 Bn | 2.52 Bn | 52.15% |
| 3 | Magna International | 17.54 Bn | 16.29 Bn | 1.42 Bn | 13.71% |
| 4 | Genuine Parts | 16.15 Bn | 15.67 Bn | 2.34 Bn | 37.33% |
| 5 | Aurora Innovation | 13.77 Bn | 12.55 Bn | -5.00 Mn | -500.00% |
| 6 | Borgwarner | 13.21 Bn | 13.37 Bn | 677.00 Mn | 19.16% |
| 7 | Aptiv | 12.84 Bn | 9.76 Bn | 920.00 Mn | 18.09% |
| 8 | Autoliv | 8.73 Bn | 8.37 Bn | 526.00 Mn | 19.11% |
| 9 | Modine Manufacturing | 8.68 Bn | 8.59 Bn | 186.10 Mn | 23.12% |
| 10 | Standard Motor Products | 854.32 Mn | 868.57 Mn | 139.17 Mn | 30.85% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 30.85% |
| Dec 31, 2025 | 31.68% |
| Sep 30, 2025 | 32.43% |
| Jun 30, 2025 | 30.55% |
| Mar 31, 2025 | 30.17% |
| Dec 31, 2024 | 29.41% |
| Sep 30, 2024 | 30.40% |
| Jun 30, 2024 | 28.59% |
| Mar 31, 2024 | 27.01% |
| Dec 31, 2023 | 28.04% |
| Sep 30, 2023 | 29.70% |
| Jun 30, 2023 | 28.68% |
| Mar 31, 2023 | 27.82% |
| Dec 31, 2022 | 29.06% |
| Sep 30, 2022 | 28.00% |
| Jun 30, 2022 | 26.81% |
| Mar 31, 2022 | 27.83% |
| Dec 31, 2021 | 28.61% |
| Sep 30, 2021 | 28.41% |
| Jun 30, 2021 | 29.02% |